Exhibit 99.1

Exhibit B of Servicing Agreement

Semi-Annual Servicer’s Certificate

AEP Texas Restoration Funding LLC

AEP Texas Inc., as Servicer

Pursuant to Section 4.01(c)(ii) of the Transition Property Servicing Agreement dated as of September 18, 2019 (the "Servicing

Agreement"), between, AEP TEXAS INC., as Servicer and AEP TEXAS RESTORATION FUNDING LLC, as Issuer, the Servicer does

hereby certify, for the Feb 1, 2024 Payment Date (the “Current Payment Date”), as follows:

Capitalized terms used herein have their respective meanings as set forth in the Indenture. References herein to certain sections

and subsections are references to the respective sections of the Servicing Agreement or the Indenture, as the context indicates.

Collection Periods:

August 2023

January 2024

Payment Date:

2/1/24

1. Collections Allocable and Aggregate Amounts Available for the Current Payment Date:

Remittances for the 08/23 collection period (1)

2,705,660.17

ii.

Remittances for the 09/23 collection period

2,868,937.98

iii.

Remittances for the 10/23 collection period

3,135,521.28

iv.

Remittances for the 11/23 collection period

2,773,734.92

Remittances for the 12/23 collection period

2,095,371.27

vi.

Remittances for the 01/24 collection period (2)

1,916,957.57

vii.

Investment Earnings on Collection Account

viii.

Investment Earnings on Capital Subaccount

31,470.29

ix.

Investment Earnings on Excess Funds Subaccount

23,281.55

Investment Earnings on General Subaccount

205,461.68

xi.

General Subaccount Balance (sum of i through x above)

15,756,396.71

xii.

Excess Funds Subaccount Balance as of Prior Payment Date

754,752.76

xiii.

Capital Subaccount Balance as of Prior Payment Date

1,176,410.00

xiv.

Collection Account Balance (sum of xii through xiii above)

17,687,559.47

(1)

Includes amounts calculated for the Reconciliation Period for the prior Collection Period, which was settled in August-2023.

(2)

Does not include the reconciliation amounts calculated for the Reconciliation Period for such Collection Period, which will be settled in the month following such Collection Period.

Page 1 of 5

Exhibit B of Servicing Agreement

2. Outstanding Amounts as of Prior Payment Date:

Tranche

Tranche A-1 Outstanding Amount

34,262,237.63

ii.

Tranche A-2 Outstanding Amount

117,641,000.00

iii.

Aggregate Outstanding Amount of all Tranches of Notes

151,903,237.63

3. Required Funding/Payments as of Current Payment Date:

Principal

Due

Tranche

Tranche A-1

11,913,573.01

ii.

Tranche A-2

0.00

iii.

For all Tranches of Notes

11,913,573.01

Tranche

Interest Rate

Days in interest Period(1)

Principal Balance

Interest Due

iv.

Tranche A-1

2.0558%

180

34,262,237.63

352,181.54

Tranche A-2

2.2939%

180

117,641,000.00

1,349,283.45

vi.

For all Tranches of Notes

1,701,464.99

Required Level

Funding Required

vii.

Capital Subaccount

1,176,410.00

0.00

1,176,410.00

0.00

Notes:

(1) On 30/360 day basis for initial payment date; otherwise use one-half of annual rate.

Page 2 of 5


			Exhibit B of Servicing Agreement
4. Allocation of Remittances as of Current Payment Date Pursuant to 8.02(e) of Indenture:


i.		Trustee Fees and Expenses			0.00

ii.		Servicing Fee			117,641.00

iii.		Administration Fee			50,000.00

iv.		Operating Expenses			55,183.00

v.		Semi-Annual Interest (including any past-due for prior periods)			1,701,464.99




					Per $1000 of Original
	Tranche	Aggregate			Principal Amount
1.	Tranche A-1 Interest Payment	352,181.54			$	2.99
2.	Tranche A-2 Interest Payment	1,349,283.45			$	11.47
		1,701,464.99


vi.		Principal Due and Payable as a Result of Event of Default or on Final Maturity Date		0.00


					Per $1000 of Original
	Tranche	Aggregate			Principal Amount
1.	Tranche A-1 Principal Payment	0.00			$	0.00
2.	Tranche A-2 Principal Payment	0.00			$	0.00
		0.00


vii.		Semi-Annual Principal		11,913,573.01



					Per $1000 of Original
	Tranche	Aggregate			Principal Amount
1.	Tranche A-1 Principal Payment	11,913,573.01			$	101.27
2.	Tranche A-2 Principal Payment	0.00			$	0.00
		11,913,573.01





				Page 3 of 5

Exhibit B of Servicing Agreement

4. Allocation of Remittances as of Current Payment Date Pursuant to 8.02(e) of Indenture (continued):

viii.

Funding of Capital Subaccount (to required level)

1,176,410.00

ix.

Investment Earnings on Capital Subaccount Released to Note Issuer

31,470.29

Deposit to Excess Funds Subaccount

2,641,817.18

xi.

Released to Note Issuer upon Retirement of all Notes

0.00

xii.

Aggregate Remittances as of Current Payment Date

17,687,559.47

5. Subaccount Withdrawals as of Current Payment Date (if applicable, pursuant to Section 8.02(e) of Indenture):

Excess Funds Subaccount

778,034.31

ii.

Capital Subaccount

1,207,880.29

iii.

Total Withdrawals

1,985,914.60

6. Outstanding Amount and Collection Account Balance as of Current Payment Date (after giving effect to payments to be made on such Payment Date):

Tranche

Tranche A-1 Outstanding Amount

22,348,664.62

ii.

Tranche A-2 Outstanding Amount

117,641,000.00

iii.

Aggregate Outstanding Amount of all Tranches of Notes

139,989,664.62

iv.

Excess Funds Subaccount Balance

2,641,817.18

Capital Subaccount Balance

1,176,410.00

vi.

Aggregate Collection Account Balance

3,818,227.18

Page 4 of 5

Exhibit B of Servicing Agreement

7. Shortfalls In Interest and Principal Payments as of Current Payment Date:

0.00

i. Semi-annual Interest

Tranche

Tranche A-1 Interest Payment

0.00

Tranche A-2 Interest Payment

0.00

ii. Semi-annual Principal

Tranche

Tranche A-1 Principal Payment

0.00

Tranche A-2 Principal Payment

0.00

8. Shortfalls in Required Subaccount Levels as of Current Payment Date:

Capital Subaccount

0.00

IN WITNESS HEREOF, the undersigned has duly executed and delivered this Semi-Annual

Servicer’s Certificate this 31st day of January, 2024.

/s/ Renee V Hawkins

AEP TEXAS Inc., as Servicer

By:

Renee V Hawkins

Title:

Assistant Treasurer

Page 5 of 5

AEP Texas Restoration Funding LLC 10-D